PDT Partners is a lesser known hedge fund around here since they tend to keep a very low profile and hire in a very similar way to RenTech. Moreover, they do not manage nearly as much money when compared with some of these other big hitters.
I am trying to gauge, where does their fund rank in terms of performance now and how might we expect to perform in the future? Are they really going to be something like "the next Rentech"?
To get a feel for their performance, I was inspecting their past results on WhaleWisdom and saw that they have been performing very well. However, something to keep in mind is that only a small fraction of their AUM appears to be in the stock market and therefore something that we are able to track directly on WhaleWisdom (due to SEC Form 4 filings).
Something very nice about their culture (and I would imagine RenTech's as well) vs. Citadel/Two Sigma/D.E. Shaw is a 40 hour work week, a collaborative work environment, and a long-term investment in new hires. However, I would expect that they give somewhat lower comp then the latter.
With that in mind, can you estimate a rank of these employers in terms of desirability? I would suspect RenTech is the clear frontrunner, but I'm not sure where PDT falls with respect to the others.
EDIT : Since I'm a new user I cannot post links to the whalewisdom pages.
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